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Prime Route 236 Redevelopment Opportunity 60-62 ME-236 1,560 SF 100% Leased Retail Building Kittery, ME 03904 $1,332,767 CAD ($854.34 CAD/SF)
Investment Highlights
- 6.89± acres of developable land in a rapidly growing southern Maine
- Strong visibility and frontage along Route 236
- C-2 zoning supporting a wide range of commercial and mixed-use applications
- High-exposure corridor with quick access to I-95 and the Maine Turnpike
Executive Summary
A rare opportunity to acquire three adjoining parcels totaling approximately 6.89± acres along Route 236, a high-visibility corridor in Kittery. The assemblage includes a 1.48±-acre parcel potentially suitable for limited new construction, a 0.48±-acre parcel improved with a 4-bedroom, 1,560± SF Cape-style residence (circa 1962) offering potential for renovation or repurposing, and an additional 4.93±-acre residentially zoned vacant parcel providing supplemental land value and long-term flexibility. C-2 zoning applies to the Route 236 frontage parcels, supporting a range of commercial and mixed-use applications subject to municipal approvals. Due to site constraints, development is anticipated to be concentrated on a single parcel, with the remaining land providing support area, buffer, or future residential use.
The combined offering creates a contiguous, road-front footprint in one of southern Maine’s most supply-constrained corridors, with convenient access to I-95, Kittery’s retail centers, the Portsmouth Naval Shipyard, and surrounding communities.
The combined offering creates a contiguous, road-front footprint in one of southern Maine’s most supply-constrained corridors, with convenient access to I-95, Kittery’s retail centers, the Portsmouth Naval Shipyard, and surrounding communities.
Property Facts
Sale Type
Investment
Property Type
Retail
Building Size
1,560 SF
Year Built
1962
Price
$1,332,767 CAD
Price Per SF
$854.34 CAD
Percent Leased
100%
Building Height
2 Stories
Zoning
C-2 - Commercial Zoning
Nearby Major Retailers
Property Taxes
| Parcel Number | KITT-000029-000000-000014 | Improvements Assessment | $1,367 CAD |
| Land Assessment | $243,230 CAD | Total Assessment | $244,597 CAD |
Property Taxes
Parcel Number
KITT-000029-000000-000014
Land Assessment
$243,230 CAD
Improvements Assessment
$1,367 CAD
Total Assessment
$244,597 CAD
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Prime Route 236 Redevelopment Opportunity | 60-62 ME-236
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